002514SZSE
🚨 Material Event

Announcement on the Successful Judicial Auction of Part of the Company's Shares Held by the Controlling Shareholder

✨ AI Summary

This announcement details the successful judicial auction of 5.5 million restricted and 5.5 million unrestricted shares of Jiangsu Baoxin Technology Co., Ltd. held by its controlling shareholder, Jiangsu Liqing. The auction, conducted by Hangzhou Gongshu District People's Court, will not change the company's control or significantly impact its operations. The total shares held by Jiangsu Liqing and its concert party will decrease.

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Full Translation

AI Translation· gemini_document

Securities Code: 002514

Securities Abbreviation: *ST Baoxin

Announcement Number: 2026-057

Jiangsu Baoxin Technology Co., Ltd.

Announcement on the Successful Judicial Auction of Part of the Company's Shares Held by the Controlling Shareholder

The Company and the entire board of directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or major omissions.

Jiangsu Baoxin Technology Co., Ltd. (hereinafter referred to as the "Company") controlling shareholder Jiangsu Liqing Integrated Circuit Technology Co., Ltd. (hereinafter referred to as "Jiangsu Liqing") held 5.5 million restricted shares from initial public offering and 5.5 million unrestricted tradable shares of the Company. These shares were recently successfully auctioned by the Hangzhou Gongshu District People's Court. This auction will not lead to a change in the Company's control, nor will it have a significant impact on the Company's production and operation.

I. Basic情况 of Shares Auctioned by Shareholders

The shares of the Company held by the controlling shareholder Jiangsu Liqing were auctioned in four lots on the Taobao.com judicial auction network platform (Ali Assets) from 10:00 on July 13, 2026, to 10:00 on July 14, 2026 (excluding extensions). Two lots were successfully auctioned, and two lots were not sold. The specific situation is as follows:

Shareholder NameNumber of Shares Auctioned (Shares)Proportion of Shares HeldProportion of Total Share CapitalShare TypeAuction Start TimeAuction End TimeAuctioneerAuction Status
Jiangsu Liqing14,600,0007.89%2.03%Restricted Shares from Initial Public OfferingJuly 13, 2026, 10:00July 14, 2026, 10:00Hangzhou Gongshu District People's CourtNot Sold
Jiangsu Liqing5,500,0002.97%0.76%Restricted Shares from Initial Public OfferingJuly 13, 2026, 10:00July 14, 2026, 10:00Hangzhou Gongshu District People's CourtSold
Jiangsu Liqing5,500,0002.97%0.76%Unrestricted Tradable SharesJuly 13, 2026, 10:00July 14, 2026, 10:00Jingjiang City People's CourtSold
Jiangsu Liqing4,240,0002.29%0.59%Restricted Shares from Initial Public OfferingJuly 13, 2026, 10:00July 14, 2026, 10:00Jingjiang City People's CourtNot Sold

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